Posts Tagged ‘interest rates’
The Market Has Changed, In Case You Haven’t Noticed
The housing market has changed drastically in the last month or so, much to the chagrin of would-be home sellers, but happy news for home buyers. There are several interesting things to note as of late: 1. Inventory is rising. Last week alone inventory rose 3.25% – that’s in ONE week. Inventory is up 31%…
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Why the Real Estate Market WON’T Crash in 2021
There has been a lot of buzz lately about whether the real estate market will crash in 2021…I say that will not happen! Let’s look at the reasons why. 1. Loans and the inability to repay them are treated differently today.. Unlike the 2008 market crash, lenders have not been making a plethora of bad…
Read MoreHappy Holidays and 2020 Housing Outlook
Happy holidays to everyone! It feels like they snuck up on me this year but I always take this time to stop and county my blessings. My wish for you, your family and loved ones is that you have a beautiful holiday season filled with love…love is the most important thing there in our lives!…
Read MoreWill Increased Interest Rates Affect the Housing Market?
The reality of rising mortgage rates is of concern to home buyers and sellers. Normally interest rate increases alone would not be much of a concern but combined with continued low inventory and high prices many wonder if the housing market will be able to sustain itself; there are 3 – 4 expected rate increases…
Read MoreHome Seller Dilemma: Sell Now or Wait Until Spring?
A lot of homeowners have been wondering whether to sell now or wait until Spring. While Spring and early summer are typically the best times to sell, when a large majority of buyers are searching for homes, this year there is no reason to wait if you are a seller…and here is why: Low Inventory…
Read MoreWill the Real Estate Market Continue it’s Upward Climb?
The real estate market has been literally HOT for some time now – both 2014 and 2015 have shown record sales and that doesn’t seem to be slowing down. It is still a seller’s market, inventory and interest rates are low, and it is the prime “selling season.” But how long can this last? There…
Read MoreMortgage Rates Predicted to Decrease & Existing Home Sales Hit 6 Year High
Mortgage Rates Predicted to Decrease: There have been many reports that rates will do the opposite and increase as we head toward the end of the year. However, due to recent events in the last several days it appears this may no longer be the case. Here’s why this seems to be a reality, in…
Read MoreHome Prices Start to Return to the “New Normal”
For those who are regulars to my blog, I have predicted that home prices will soon stop escalating and will return to a “normal” growth, one that ascends slowly but steadily over time. I predicted we would start to see this by the end of this year, and especially heading into 2014. It appears that…
Read MoreWill Home Prices Continue to Rise?
One of the biggest questions in real estate right now is whether the market will continue to see rising prices. Many areas, including San Diego county, have seen price spikes over the last 6 months or so, anywhere from 10% to over 20%, depending on the neighborhood. We know that one of the main reasons…
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